The Los Angeles Trade Technical College
Mortgage Finance Program

Opportunities

Prepare for a Meaningful Career in the Mortgage Finance Industry

Where do you see yourself in five years?

If you see yourself in an exciting career that provides challenging opportunities, long-term growth potential, and allows you to help others, a career in the mortgage finance industry may be exactly what you want.

What is the mortgage finance industry?

It's a solid industry. People will always buy homes and need mortgages to pay for them. And there's hardly anything more satisfying than helping people in your community get the homes they've dreamed of for years. By choosing a career in mortgage finance, you can work at a mortgage bank, commercial bank, real estate agency, secondary market organization, housing and community development organization, private mortgage insurance agency, or other housing finance institution.

The Los Angeles Trade Technical College Mortgage Finance Program is an exciting opportunity!

Supported by the Fannie Mae Foundation and the Los Angeles mortgage lending and housing community development industry, LA Trade Tech College created this innovative program to provide a broad array of career opportunities in home mortgage and community lending with the major objective of increasing the number of minority professionals in the field. The program offers you dynamic career potential and positions you to help others achieve the dream of homeownership and quality neighborhoods. A combination of classroom lectures and workplace experience ensure the broadest possible exposure to the mortgage finance industry and will open the door to a professional career in Los Angeles, California, or anywhere in the nation.

Opportunities

Your career can make a difference.

The mortgage finance industry is a dynamic and important one. When you consider that owning a home is the basic building block of American society and community life, and mortgages are the foundation of homeownership, you will begin to see the important role you can play by choosing a career in mortgage finance. It is far from being only about numbers. It is about homeownership -- the dream of most Americans.

What are the career opportunities?

The Los Angeles Trade Tech Mortgage Finance Program will give you the necessary skills and information to enhance your employment opportunities with leading mortgage and housing community development organizations. There are only two other programs of this scope nationwide.

In addition to our innovative classroom work, you'll receive hands-on job experience. The organizations we're partnering with offer a variety of opportunities for students enrolled in the Trade Tech Mortgage Finance Program to demonstrate their interests, skills, and abilities to potential employers.

Many of these businesses are committed to hiring program graduates, and you'll be prepared to succeed at entry-level positions with real growth potential.

What courses will be offered?

Affordable housing finance for culturally diverse markets is the common theme in all of the mortgage finance courses. These classes will cover creative approaches to assisting underserved households, particularly minorities and women, to afford homeownership. Other classes will cover important information such as how to underwrite and process mortgage loans, technological innovations in mortgage finance technology, mortgage finance products, fair housing/fair lending laws and regulations, and community development strategies.

What's special about The LATTC's Mortgage Finance Program?

This creative program offers a unique combination of courses covering the basic tools and knowledge you'll need to succeed in the mortgage finance industry-- things that will put you head and shoulders above other candidates.

Program Highlights

The program offers workplace mortgage finance industry experience through internships, field trips, job-shadowing and lectures by industry professionals. Students also benefit from professional development training such as interpersonal, time management, and organizational skills. Career counseling and working with mentors from the mortgage finance industry are additional program incentives.

Courses Include

• Residential Mortgage Lending
• Real Estate Principles
• Community Development
• Mortgage Loan Origination
• Processing And Closing
• Diversity Awareness
• Mortgage Finance Technology
• Mortgage Loan Underwriting
• Mortgage Loan Servicing And
• Quality Control
• Bank Teller Training

Because technology is rapidly changing, a major goal of this program is to produce professionals who are familiar with the most recent mortgage finance software and who can easily adapt to emerging technologies.

How is the local mortgage finance industry involved?

LA Trade Tech and the Fannie Mae Foundation work with a mortgage industry collaborative of more than 20 local mortgage, housing, and community development organizations to ensure that your education responds to current industry needs. Our program will put you on the cutting edge of the mortgage finance industry by emphasizing the skills sought by our industry partners.

Flexibility and support that meets your needs.

In order to accommodate the varied needs and schedules of both full- and part-time students, the Trade Tech Mortgage Finance Program offers both a two-year Associate degree in finance and shorter-term certificate programs for those who want to focus on selected aspects of mortgage finance or explore new career options. Certificate courses may be applied toward an associate degree.

Financial Incentives

Qualified students can apply for state and federal tuition assistance and low-interest student loans. Ask your financial aid counselor for more information. In addition, you may be eligible for a Fannie Mae Foundation scholarship.

Los Angeles Trade Technical College
Dedicated to professional training.

Los Angeles Trade-Technical College is a specialized institution, offering career programs in trade, technical, and business pursuits, in addition to general education, since 1920. The school continually adapts to the changing educational demands of business and industry, and to the growing diversity among students.

The programs of LATTC are developed and guided by Advisory Committees with membership composed of community-wide representatives from education, industry, and labor, as well as from federal, state, and local agencies. Members keep the college administration alerted to trends in the various industries, assist in job placement of graduates, and are a source of equipment and student scholarships.

LATTC is fully accredited by the Western Association of Schools and Colleges. It is fully approved under regulation of the California State Department of Education, by the Veterans Administration, the United States Office of Education, and the United States Immigration and Naturalization Service.

LATTC is centrally located in the downtown area -- the center of finance and banking industry in Los Angeles. The college is committed to providing high-quality and affordable education to enhance the lives of those in the community it serves. The college faculty, staff and administration are prepared to work with you to help you achieve your goals. LA Trade Tech College provides a number of services and conveniences to help you along the way:

• EVENING AND WEEKEND CLASSES
• AFFORDABLE TUITION
• CONVENIENT LOCATION
• SCHOLARSHIPS AND FINANCIAL AID TO THOSE WHO QUALIFY
• ACADEMIC COUNSELING
• CAREER PLANNING AND PLACEMENT ASSISTANCE
• LIBRARY AND COMPUTER LABS
• ATHLETIC FACILITIES
• CHILD CARE

For more information:

Contact the LA Trade Technical College Mortgage Finance Program at:

Community Development Technologies Center
LATTC
400 W. Washington Blvd.
Los Angeles, CA. 90017
(213)744-9065 or 213-763-2520 / (213)748-7334 (f)